Unity Bancorp Director Sells $383,160 in Stock

Robert Dallas II sold 7,725 shares of the company's stock.

Mar. 19, 2026 at 9:13am

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Unity Bancorp, Inc. (NASDAQ:UNTY) Director Robert Dallas II sold 7,725 shares of Unity Bancorp stock in a transaction on Friday, March 13th. The shares were sold at an average price of $49.60, for a total value of $383,160.00. Following the completion of the sale, the director directly owned 32,073 shares of the company's stock, valued at approximately $1,590,820.80.

Why it matters

This transaction represents a significant decrease in Dallas II's position in Unity Bancorp, potentially signaling a change in his investment strategy or confidence in the company's future performance. As a director, his stock sales are closely watched by investors and analysts.

The details

Dallas II sold the 7,725 shares through an open market transaction. The sale price of $49.60 per share was in line with Unity Bancorp's recent trading range, which has seen the stock fluctuate between a 52-week low of $36.65 and a high of $57.30.

  • The stock sale occurred on Friday, March 13, 2026.

The players

Robert Dallas II

A director of Unity Bancorp, Inc., a bank holding company headquartered in Morrisville, Pennsylvania.

Unity Bancorp, Inc.

A bank holding company that delivers commercial and retail banking services through its subsidiary, Unity Bank, in Bucks County and southeastern Pennsylvania.

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The takeaway

This stock sale by a Unity Bancorp director highlights the need for investors to closely monitor insider trading activity, as it can provide insights into the company's future prospects and the confidence of its leadership team.